Gold (XAU/USD) prices fell to the $2,680 area during the first half of the European session on Friday and was pressured by a combination of factors. Expectations that Trump's policies will spur economic growth and inflation, to a greater extent, overshadowed the Federal Reserve's (Fed) dovish outlook, which in turn, helped revive demand for the US Dollar (USD). Moreover, the generally positive risk sentiment undermined the safe-haven precious metal.
Meanwhile, a decline in the US Treasury bond yields might hold US investors from placing aggressive bets and help limit any further depreciating move for the non-yielding Gold. That said, XAU/USD, for now, seems to have stalled its goodish recovery from the 50-day Simple Moving Average (SMA) support, or above the three-week low touched on Thursday and remains on track to post losses for the second consecutive week.
Source: FXStreet
Gold prices pared losses on Tuesday (November 4), helped by a pause in the dollar's rally and falling US Treasury yields, while investors awaited US economic data due this week for further clues on th...
Gold edges lower in the early Asian session amid lingering worries over China's Finance Ministry ending of a tax incentive for sales of the precious metal, effective Nov. 1. "The new rules may potent...
Gold prices held near $4,000 an ounce after a weak start on Monday, as China ended long-standing tax breaks for some retailers. This change could weigh on demand in one of the world's largest precious...
Gold prices rose on Monday (November 3), boosted by expectations of further US interest rate cuts following comments from the US Federal Reserve Board's Christopher Waller, although a stronger dollar ...
China ended a long-standing tax exemption policy for some gold retailers on Saturday, potentially discouraging purchases of the precious metal in the world's largest consumer market. Beijing will rem...
Oil prices fell over 1% on Tuesday as OPEC+'s decision to pause output hikes in the first quarter next year along with weak manufacturing data and a stronger dollar weighed on the market. Brent crude futures fell 82 cents, or around 1.3%, to...
Gold prices pared losses on Tuesday (November 4), helped by a pause in the dollar's rally and falling US Treasury yields, while investors awaited US economic data due this week for further clues on the direction of interest rates. Spot gold fell...
The Hang Seng index slumped 206 points, or 0.8%, to close at 25,952 on Tuesday, losing early gains as sentiment soured amid a broad sectoral decline. The technology index fell 1.8% after US President Trump said Nvidia would be banned from selling...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...